RECENTLY CONSOLIDATED DISTRICT-SCALE ALKALINE GOLD SYSTEM September 2016 1
FORWARD LOOKING STATEMENTS TERMS OF USE AND DISCLAIMER - This presentation is being provided for the sole purpose of providing the recipients with background information about GFG Resources Inc. (“ GFG ”). GFG has made reasonable efforts to ensure that the information contained in this presentation is accurate as of the date hereof, however, there may be inadvertent or unintentional errors. No representation, warranty or guarantee, express or implied, is made as to the fairness, accuracy, completeness or correctness of information contained in this presentation, including the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects, results or statements in relation to future matters contained in this presentation. The views and information provided herein are based on a number of estimates and assumptions that are subject to significant exploration, business, economic, regulatory and competitive uncertainties. See “Forward Looking Statements” below. GFG is not liable to any recipient or third party for the use of or reliance on the information contained in this presentation. This presentation provides information in summary form only, is not intended to be complete and does not constitute an offer to sell or the solicitation of an offer to buy any security. It is not intended to be relied upon as advice to investors or potential investors and does not constitute a personal recommendation or take into account the investment objectives, financial situation or needs of any particular investor. GFG is not acting as agent or advisor and encourages the use of independent consultants, as necessary, prior to entering into transactions. FORWARD LOOKING STATEMENTS – Except for the statements of historical fact contained herein, the information presented constitutes "forward -looking statements" within the meaning of Canadian and United States securities and other laws. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “i nte nds”, “aims”, “anticipates”, “will”, “projects”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events, results or conditions “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. By their very nature, forward -looking statements are subject to numerous risks and uncertainties, some of which are beyond our control. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, as well as a number of assumptions made by, and information currently available to, GFG concerning, among other things, anticipated geological formations, potential mineralization, future plans for exploration and/or development, potential future production, drilling exposure, and exploration budgets and timing of expenditures, all of which involve known and TBD risks, uncertainties and other factors which may cause the actual results, performance or achievement of GFG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to vary materially from results anticipated by such forward looking statements include, among others, risks related to the Company’s limited operating history, current and future explor ati on activities, the Company’s need for significant additional capital, changes in government legislation, changes in ownership interest in a project, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices and volatility of gold, silver and other metals, environmental risks and hazards, infrastructure and/or operating costs, labor and employment matters, availability of financing, permitting availability, government regulation, changes in equity markets, the uncertainties involved in interpreting geological data, the validity of the Company’s title to its proper ties, increases in costs and exchange rate fluctuations, the Company’s dependence on key personnel, as well as those factors discussed in the sections “Ca utionary Statement Regarding Forward Looking Statements”, and "Risk Factors”. 2
KEY INVESTMENT HIGHLIGHTS Assembled a highly credible team of Explorers and Developers Recently consolidated the entire Rattlesnake Hills district via three transactions and staking (33.5K acres) Under-explored alkaline gold system similar to the Cripple Creek (Newmont) & Wharf (Coeur) gold systems Impressive grades at surface and depth; deposits remain open in multiple directions: High Grade: 56 m of 9.73 g/t Au Disseminated: 405 m of 1.31 g/t Au (from surface) Aggressive exploration program for H2 2016 Target-rich environment with advanced & early-stage prospects 78 km of historic drilling focused largely on 2 targets Significant corporate interest in the past $76 million JV entered into with Agnico-Eagle in 2011 $15 million placement entered into with Goldcorp in 2010 3
LEADERSHIP TEAM EXECUTIVE TEAM Brian Skanderbeg - President & CEO, Director Tim Brown – Vice President, Exploration Marc Lepage – Vice President, Business Development BOARD OF DIRECTORS Patrick Downey - Non-Executive Chair Jonathan Awde - Director Stephen de Jong - Director SPECIAL ADVISORS Capital Structure Johnathan Rubenstein Shares Outstanding* 45.8 million Options 400,000 Steve Koehler Warrants Nil Fully Diluted* 46.2 million Dr. David Palmer Cash Balance as of June 30 th US$4.4M Crest Petroleum (CTP.H) (as of Sept. 9,2016) C$1.20 * Assuming completion of the Arrangement with Crest Petroleum 4
GFG RESOURCES - RTO TIMING • NI 43-101 technical report on Rattlesnake project to TSX.V; • Share exchange between GFG Canada and GFG US completed in August 2016; • Filed NI 43-101 report and joint (Crest & GFG) Circular September 9, 2016; • Apply to TSX.V to resume trading of Crest (CTP .H) (on a pre-RTO basis) – September 12, 2016; • Mail-out Circular to Crest and GFG Shareholders – September 14, 2016; • Crest and GFG shareholder meetings to approve RTO – on October 14, 2016; • Court approval for RTO – mid-October, 2016; and • Close RTO/Change name to GFG – mid-October, 2016. 43-101 Apply for Crest Court approval of 43-101 Draft to Comments from trading RTO TSX Exchange exchange Late - Aug Early - Sept Mid - Oct July Draft IC to IC to Crest/GFG Close RTO and Crest/GFG Crest/GFG Shareholder Change Name to Shareholders Shareholders meeting GFG Aug 5 th Early - Sept Mid - Oct Mid - Oct 5
CORPORATE STRATEGY – OPPORTUNISTIC • RATTLESNAKE is our cornerstone asset GFG • District-scale opportunity Resources • Excellent jurisdiction ‘ Go For Gold’ • Demonstrated large scale Au- system • Attractive to Mid-tier and Major producers • Quality assets are available and will be reviewed to assess strategic fit. 2 nd Asset Rattlesnake • Projects remain financially District constrained and our ability to finance and attract partners will provide opportunity • North America – Au focus • Experienced technical team capable Project Opportunistic Acquisition of project evaluation Generator Marketing Launch P1 Drilling P1 Program Completed Sept Oct – Nov Dec RTO Completion Investor & Analyst Site Visit Oct Oct 6
Wyoming: An Active and Friendly Mining State Economy driven by resource sector and is a leader in the U.S.: #1 national producer of: • Coal • Uranium • Trona • Bentonite #2 in rare earths #3 in natural gas Rattlesnake Hills #7 in crude oil Project (Source: U.S. Energy Information Administration) Infrastructure: • 100 km from Casper • 20 km to highway • Power line on southern portion of the property • Coal Operations Access to water Uranium Operations • No National or State Parks near property 7
EXPLORING A PRODUCTIVE GOLD PROVINCE Rocky Mountain Alkaline Gold Province • +1,500 km long belt of alkaline gold deposits on the east side of the Rocky Mountains • Multiple +1M ounce gold deposits • Cripple Creek, Wharf, Golden Sunlight: Consistent gold producers for multiple decades • Rattlesnake is in the middle of this productive gold belt 1. Mutschler, F.E.et al., 1997. Potential for Alkaline Igneous Rock - Related Gold Deposits in the Colorado Plateau Laccolithic Centers. USGS Bulletin 2158 (image, past production and current resources, modified from Mutschler, et al.) 2. Rochester and Wharf Tours. Coeur Mining presentation, June 2015 8
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